Blue Apron defines EBITDA as its net earnings before interest, taxes, depreciation and amortization. Simply put, it’s a measure of Blue Apron’s operating profitability as a percentage of its total revenue.

This comes a couple of months after Blue Apron laid off four percent of its staff as part of its path to profitability. At the time, Blue Apron said it expected to spend about $1.6 million in employee-related expenses — mostly severance payments. That, however, will lead to an estimated $16 million in savings this year.

Blue Apron also teased an update on its partnership with Jet to bring same-day and next-day delivery Blue Apron meals to New York City, as well as its new product designed for online and brick-and-mortar retail stores.

In Q3 3018, Blue Apron reported a loss of $33.9 million compared to $87.2 million last year during this time. Meanwhile, revenue declined to $150.6 million compared to $210.6 million in the year-ago period.